Small Business Under the N.R.A.

Archive Report

Current Complaints of Small Business Wnterprise

Increasing Costs Of Operation Under the N. R. A. codes and the difficulty of borrowing additional working capital from commercial banks have led to a mounting volume of complaint from small business men That the recovery program is working to their disadvantage. Senator Nye (R., N. D.), who in December, with Senator Borah (R., Ida.), directed the attention of Recovery Administrator Johnson and President Roosevelt to this problem, asserted at the hearing on administration and improvement of the codes on February 27 that as a result of his action he had received more than 18,000 communications presenting the problems of small business units. In an effort, to afford protection to small enterprises against oppression and monopolistic practices by larger ...

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